The Mortgage Rate Forecast Is Still Positive: 2 Essential Things You Should Know

wemloMortgage broker business, mortgage interest ratesLeave a Comment

mortgage rate forecast

Overall, the mortgage rate forecast for September is positive, with rates continuing to fall, though some factors could slow the downward projection and even cause rates to rise slightly. As the Federal Reserve held it’s monthly meeting last week, 30-year fixed-rate mortgages were at 2.977% and 15-year fixed-rate mortgages remained at 2.541%. Here are three things you should know for … Read More

5 Mortgage Trends to Keep an Eye on for the Rest of 2020

wemloMortgage broker business, mortgage interest rates, mortgage loan processingLeave a Comment

5 Mortgage Trends to Keep an Eye on for the Rest of 2020

Despite everything that 2020 has thrown at us, this year has been a solid year for MLOs and others in the mortgage industry. The mortgage trends that we have seen so far have demonstrated that the outlook for the housing market is healthy overall. But what does the rest of the year hold for the mortgage industry? That is the … Read More

Nonbank Mortgage Servicing Jobs Are Growing Thanks to Demand from COVID-19

wemloMortgage broker business, mortgage interest rates, mortgage loan processingLeave a Comment

Nonbank Mortgage Servicing Jobs Are Growing Thanks to Demand from COVID-19

Right now, it is great to be a mortgage servicing industry professional, especially if you work for a non-depository institution. According to the Bureau of Labor Statistics, low mortgage rates allowed for increases to payroll for nonbank mortgage brokers, which means more jobs for MLOs. Part of the increased demand for mortgage professionals comes from the relief provided by the … Read More